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ADR: DMK richest regional party

By IndianMandarins- 30 Oct 2017
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adr-dmk-richest-regional-partyThe Association of Democratic Reforms (ADR) said the DMK is the richest regional party in the country with an income of Rs 77.63 crores in 2015-16. It has pointed out that the Dravida party's total income formed 35.05% of the total income of all 32 regional parties considered in the preparation of its new report on the issue. The report found that AIADMK at Rs 54.93 crore and TDP at Rs 15.97 crore followed the DMK in total income during the year under review. The report found that in 2015-16, 32 regional parties in total got Rs 221.48 crore, of which Rs 110 crore remained unspent. This is more than 49% of their total income. The ADR report noted that the top three regional parties with the highest expenditure were JD(U), which spent Rs 23.46 crore, TDP (Rs 13.10 crore) and AAP (Rs 11.09 crore). 14 out of 32 regional parties reported incurring expenditure more than their total income. Three parties, JVM-P (Jharkhand Vikas Morcha-Prajatantrik), JD(U) and RLD have spent close to 200% of their total income during 2015-16. DMK, AIADMK, and AIMIM (All India Majlis-E-Ittehadul Muslimeen) have more than 80% of their income remaining unspent, it said. "The top three parties which declared highest income are DMK, AIADMK, and TDP, amounting to a total of Rs 148.54 crore. This comprises more than 67% of the total income of 32 regional parties, collectively," the ADR report noted.

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